Indian Overseas Bank fell for a fifth straight session today. The stock is quoting at Rs 17.3, down 0.57% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1% on the day, quoting at 16404.45. The Sensex is at 55063.4, down 1.1%.Indian Overseas Bank has gained around 0.58% in last one month.Meanwhile, Nifty Pharma index of which Indian Overseas Bank is a constituent, has eased around 0.5% in last one month and is currently quoting at 2574.6, down 0.51% on the day. The volume in the stock stood at 8.08 lakh shares today, compared to the daily average of 25.33 lakh shares in last one month.
The PE of the stock is 19.33 based on TTM earnings ending March 22.